Bipartisan Infrastructure Bill Would Add $256 Billion to Deficits: CBO

Workers with the San Francisco Department of Public Works repave a section of 24th Avenue in San Francisco, Calif., on April 8, 2021. Justin Sullivan/Getty Images

The Congressional Budget Office (CBO) has released its much-anticipated score for the bipartisan infrastructure plan now under consideration in the Senate, estimating the package would add $256 billion in deficits over ten years, countering negotiators’ claim it would be fully paid for.

“The Congressional Budget Office estimates that over the 2021-2031 period, enacting Senate Amendment 2137 to H.R. 3684 would decrease direct spending by $110 billion, increase revenues by $50 billion, and increase discretionary spending by $415 billion,” the report said. “On net, the legislation would add $256 billion to projected deficits over that period.”